This market report is based on residential sales and residential land sales in Santa Fe County.
Residential - Market Growth
The Median Sales Price continues to grow and Average Days On Market continue to shorten. There was a drop in the number of Properties Sold which may be reflective of an inventory that has decreased.
Residential - Comparable Sales in Price Categories
Sales below $250,000 continue to drop as the availability of homes for sale in that price point diminishes. The strongest price point continues to be homes selling below $500,000.
Residential - Third Quarter Volume Comparison by Month
Steady growth as the year proceeds appears to be the pattern. It will be interesting to see if the trend continues through the
Thank you to everyone who attended our second annual Art of Fine Living, a tour of luxury properties followed by a private receptions at Peters Projects. We were honored to have guest speaker Kitty Hudson, designer at Design Alchemy Studio, speak about restructuring your life and your space. A special thanks to Santa Fe Title for sponsoring the event with delicious food by Santa Fe Street Food Institute.
Welcome to our weekly Home Construction & Real Estate Show!
This week we are talking about new construction versus resale.
If the answer is yes, then you should sign up for this special seminar in Santa Fe on October 19, 2019. I am delighted to announce that Guru Juan Babiloni will be teaching in Santa Fe! He is the Chief Instructor for the USA for Warrior's Eskrima, a style of Filipino Martial Arts (Kali), a weapons based system.Kali is a martial arts system developed from hundreds of years of inter-tribal conflict and warfare adapted to the terrain and environment of the Philippines. Kali had to be effective against multiple opponents and in tight spaces, techniques that come in handy in our modern society. This is the training that many of the highest levels of government agencies as well as the most elite military special forces groups…